The Truth About Cars

JANUARY 24, 2024

The long-rumored affordable, entry-level Tesla is almost here – maybe. Tesla reportedly alerted suppliers that it would start building a mass-market compact crossover in the middle of 2025, which would become one of the most affordable electric models on sale if it becomes a reality.

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Baua Electric

MARCH 6, 2024

Can Kia challenge Toyota, which has dominated the market in Thailand, with affordable EVs? Chinese automakers like BYD are already stealing market share, but Kia is in talks over a new EV plant in Thailand that could help position itself as an early leader. Meanwhile, Kia has bigger (or, smaller and more affordable) plans.

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The Truth About Cars

APRIL 5, 2024

Affordable EVs seem to be a nut that no automaker can crack, as every promise of a “sub-$30,000” model or similar has fallen through in favor of higher prices. It now seems that Tesla is following suit, despite repeated promises that it would develop a mass-market EV at a reasonable price.

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EV Central

MARCH 21, 2024

The Australian electric car price battle has been supercharged by dramatic permanent MG discounts for the MG4 compact hatch and MG ZS EV compact SUV. MG has effectively excised on-road costs, declaring all models in both ranges national drive-away at their current prices or lower. But MG has since clarified that.

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Teslarati

MAY 28, 2023

Back in 2011, Tesla CEO Elon Musk was asked by Bloomberg about a potential rival in the electric vehicle space — China’s BYD. Musk laughed off the suggestion, noting that he did not really see BYD as a rival to Tesla. ” Musk said then, poking fun at the Chinese carmaker. “Have you seen their car?”

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Baua Electric

APRIL 1, 2024

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. Even with the price cuts, the Mach-E’s turn rate reached 33%. billion last year.

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Baua Electric

MARCH 25, 2024

Global EV leader BYD launched a new version of its Seal electric sedan Monday, with starting prices around $25,000 (179,800 yuan). The Seal Honor Edition is BYD’s latest lower-priced EV to roll out, fueling its “liberation battle” against gas-powered cars. Based on the e-platform 3.0, the new EV is offered with 61.4

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Baua Electric

MARCH 18, 2024

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. Farley explained that if you cannot compete with Chinese automakers, “20% to 30% of your revenue is at risk.” “As

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Teslarati

FEBRUARY 14, 2023

FinDreams Technology, the battery subsidiary of BYD, has filed paperwork to establish a new battery production facility in Central China. BYD has seen rapid growth in its automotive business over the past two years. Just last year, BYD tripled its annual vehicle sales, with the vast majority of those being sold in China.

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Baua Electric

MARCH 19, 2024

US chip-making giant NVIDIA is expanding ties with several Chinese automakers, including BYD , as the race for the best software and features heats up. BYD will use NVIDIA’s Drive Thor to power its next-gen EV fleet. Building upon its existing collaborations, BYD is going from the car to the cloud.

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Baua Electric

JANUARY 23, 2024

Fresh off earning the crown as the best-selling brand in China, BYD has (briefly) introduced a new compact SUV to its Yuan family of EVs – one of the larger contributors to its overall sales last year. If you’re an avid reader of Electrek , you may have noticed an influx in news pertaining to China’s Build Your Dreams (BYD) in the past year.

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Baua Electric

MARCH 28, 2024

Global EV leader BYD believes new energy vehicles, including EVs and PHEVs, have entered the “knockout round” with gas-powered cars. BYD plans to more than double its overseas sales this year, as it aims for one million in 2025. We reported earlier this month that BYD looks to crush gas-powered car sales with its newest platform.

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The Truth About Cars

APRIL 11, 2024

The country’s tech, automotive, and manufacturing industries have become juggernauts in their respective sectors, and the Chinese auto industry has solidified itself as a global force. Even so, American companies like Tesla face an uphill battle competing with Chinese automakers as it goes back and forth with BYD for world sales records.

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Teslarati

FEBRUARY 1, 2023

BYD has officially begun selling EVs in Japan, joining the likes of Tesla and Nissan in selling a lineup of electric vehicles in the country. Following Tesla’s success in growing that market , BYD has now also decided to join. Following Tesla’s success in growing that market , BYD has now also decided to join.

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Teslarati

AUGUST 5, 2021

Tesla could use Chinese automotive company BYD’s new, ultra-safe “Blade” battery design in some of its vehicles in 2022. BYD’s Blade battery has been developed for several years, but the automotive entity unveiled the design in March 2020. Credit: BYD.

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Baua Electric

FEBRUARY 1, 2024

BYD is selling millions of EVs, famously outselling Tesla last year, and riding an enormous wave of success. And now, BYD is setting up its BYD-only shop in Germany. It’s a huge challenge for Chinese carmakers to make clear to Europeans that their cars are on par with Tesla, at a better price.”

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Baua Electric

APRIL 5, 2024

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. Kia announced that it is shifting its electric vehicle plans to include more hybrids and affordable EVs. It plans to boost demand by launching a series of new affordable EVs.

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EV Central

OCTOBER 26, 2023

The outrageous BYD Yangwang U8 luxury SUV is headed for Australia. Local BYD importer Luke Todd has confirmed the deal is done and examples of the 880kW heavy duty off-roader could roll into local showrooms as soon as late 2025. 2024 BYD Seal U electric SUV appears as Australian launch looms 2023 Yangwang U8. 2023 Yangwang U8.

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Baua Electric

APRIL 5, 2024

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. Kia announced that it is shifting its electric vehicle plans to include more hybrids and affordable EVs. It plans to boost demand by launching a series of new affordable EVs.

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Baua Electric

JANUARY 29, 2024

After a record EV sales year, BYD expects to rake in at least $4 billion in net income. BYD forecasts its profits rising at least 75% last year. BYD expects at least $4 billion in 2023 net income BYD sold nearly 1.6 After dominating its home market and the world’s largest for EVs, BYD is quickly expanding overseas.

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Teslarati

MARCH 18, 2023

Polestar has launched the Polestar 3 electric SUV in China and has slashed its starting price by roughly $29,000. Now, likely to improve its competitiveness, Polestar has issued one of the most significant price cuts the Chinese market has seen this year.

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EV Central

APRIL 2, 2024

The sleek five-door with styling similarities to a Porsche Panamera is instead being put on ice as the fast-growing Chinese giant monitors the evolution of the local EV line-up. That’s made the Ora the most affordable EV on the market in recent months, something that has done little to boost sales.

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EV Central

MAY 14, 2024

The Chinese electrified vehicle maker Leapmotor will launch in Australia in late 2024 as part of an international expansion backed by global auto giant Stellantis. They would no doubt welcome the opportunity presented by an affordable Chinese electric brand. a 51/49 Stellantis-led joint venture headquartered in Amsterdam. “We

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Baua Electric

MARCH 29, 2024

Leading EV maker BYD is quickly expanding overseas after dominating its home market. BYD is now set to begin production at its new EV plant in Thailand in the third quarter as it looks to accelerate overseas sales. BYD was Thailand’s best-selling EV maker last year.

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Baua Electric

APRIL 5, 2024

Hyundai Motor Group, including Kia, is using affordability to gain market share in the US. Hyundai, Kia top Ford, GM in EV sales with affordability After the IONIQ 5 was the sixth best-selling EV in the US last year with nearly 34,000 units sold, Hyundai (and Kia) are starting the year strong in the US. 361 $43,656 SEL RWD 77.4

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Baua Electric

FEBRUARY 26, 2024

The world’s leading EV maker, BYD , is taking aim at exotic car manufacturers like Ferrari and Lamborghini with the new Yangwang U9. BYD officially launched the Yangwang U9 electric supercar with a 0 to 62 mph (0-100 km/h) sprint in 2.36 seconds and a $233,400 (1,680,000 yuan) price tag. seconds).

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EV Central

APRIL 9, 2024

Media reporting says Tesla has given up its plans of launching its entry-level Tesla Model 2 because of increased competition and the price war it is waging in China. According to Reuters multiple sources behind the scenes have confirmed the affordable EV is no longer happening with resources switched to developing self-driving robotaxis.

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Baua Electric

AUGUST 5, 2023

Stellantis is making plans so as to add a 2nd lower-priced all-electric automobile to its arsenal to compete with Renault and Chinese language carmakers as shoppers search for extra inexpensive EVs. “There is a real need for more affordable EVs,” Francois stated. .

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Baua Electric

MARCH 5, 2024

Chinese EV maker BYD, which launched its third product – the BYD Seal EV sedan – in India on March 5, plans to enhance its market coverage from the existing 65 percent to over 90 percent in the coming years. Going forward, we will open new showrooms in areas where the coverage is lower. While it was ranked the No.

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Teslarati

MARCH 12, 2023

Volkswagen recently announced that it would slash the price of its flagship ID.3 The German automaker is expected to lower the price of the ID.3 3’s price would put it in direct competition with the Tesla Model Y. 3’s price drop would put it on par with the cost of the base Model Y in China.

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EV Central

FEBRUARY 20, 2024

Facing multi-billion dollar annual losses from its electric vehicle product roll-out, Ford has revealed it is going to build its own ground-up smaller and cheaper EVs to tackle the Tesla Model 2 and Chinese brands head-on. In Australia that charge is led by the MG4, BYD Dolphin and GWM Ora. “We have to fix this problem.

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Teslarati

MARCH 14, 2023

The BYD Tang DM followed Tesla with 10,783 units sold. Tesla dominated NEV sales for models priced between RMB 200,000 ($29,138.80) and RMB 300,000 ($437,08.20). Tesla China’s February 2023 sales reveal the gap between BYD’s Tang DM and the Model Y in the premium car market. BYD sold 29,931 Song+ units last month.

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EV Central

MAY 8, 2023

The hotly anticipated MG4 all-electric hatchback will be priced from $44,990 in Australia when it arrives around August or September 2023. However, the MG4 appears to be arriving in Australia with a price premium compared with other parts of the world, including Europe. It is priced from $47,990 plus on-road costs.

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Teslarati

JANUARY 21, 2023

A survey conducted by Dan Ives has found a spike in interest in Tesla vehicles in China following the recent price cuts. The Tesla price cuts were not taken well in China, with hundreds of previous buyers storming Tesla showrooms , demanding the automaker make amends for the abrupt price change.

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EV Central

NOVEMBER 19, 2023

Pictures and first details of the all-new Renault Twingo EV have been released ahead of its 2026 debut with the French car-maker announcing that the small hatch will be reincarnated as the brand’s most affordable EV yet. 2 and at least two affordable rivals from the Hyundai and Kia. The post Cheaper than a BYD Dolphin or MG4!

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Teslarati

AUGUST 3, 2023

These include BYD, which outsell Tesla in China in terms of New Energy Vehicles (NEVs) sales. BYD’s sales of pure electric cars lag against Tesla’s, but in terms of raw NEV volumes, the Chinese automaker is far ahead of the American EV company. India is an increasingly important market in the auto industry.

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Baua Electric

MARCH 8, 2024

Chinese automakers, which now have a range of lower-priced EVs to sell, are heavily targeting these markets. EV giant BYD is now selling its Dolphin Mini (a rebranded version of the Seagull compact electric hatchback) in a number of emerging markets. BYD is not the only Chinese automaker targeting developing markets.

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